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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Nov. 30, 2021
Nov. 30, 2020
Nov. 30, 2019
Revenues:      
Revenues $ 9,039,883 $ 6,955,930 $ 5,358,656
Interest expense 77,084 84,870 87,177
Net revenues 8,185,329 6,010,874 3,892,976
Expenses:      
Cost of sales 470,870 338,588 319,641
Compensation and benefits 3,551,124 2,940,863 1,824,891
Floor brokerage and clearing fees 301,860 266,592 223,140
Selling, general and other expenses 1,278,447 1,078,956 1,009,643
Interest expense 77,084 84,870 87,177
Depreciation and amortization 157,420 158,439 152,871
Total non-compensation expenses 1,814,811 1,588,857 1,472,831
Total expenses 5,836,805 4,868,308 3,617,363
Income before income taxes and income (loss) related to associated companies 2,348,524 1,142,566 275,613
Income (loss) related to associated companies (94,419) (75,483) 202,995
Income before income taxes 2,254,105 1,067,083 478,608
Income tax provision (benefit) 576,729 298,673 (483,955)
Net income 1,677,376 768,410 962,563
Net (income) loss attributable to the noncontrolling interests (3,850) 5,271 1,847
Net loss attributable to the redeemable noncontrolling interests 826 1,558 286
Preferred stock dividends (6,949) (5,634) (5,103)
Net income attributable to Jefferies Financial Group Inc. common shareholders $ 1,667,403 $ 769,605 $ 959,593
Basic earnings per common share attributable to Jefferies Financial Group Inc. common shareholders:      
Net income (in dollars per share) $ 6.29 $ 2.68 $ 3.07
Diluted earnings per common share attributable to Jefferies Financial Group Inc. common shareholders:      
Net income (in dollars per share) $ 6.13 $ 2.65 $ 3.03
Jefferies Group      
Revenues:      
Interest expense $ 854,554 $ 945,056 $ 1,465,680
Expenses:      
Interest expense 854,554 945,056 1,465,680
Commissions and other fees      
Revenues:      
Revenues 896,015 822,248 675,772
Principal transactions      
Revenues:      
Revenues 1,623,713 1,916,508 559,300
Investment banking      
Revenues:      
Revenues 4,365,699 2,501,494 1,526,992
Interest income      
Revenues:      
Revenues 943,336 997,555 1,603,940
Other revenues      
Revenues:      
Revenues $ 1,211,120 $ 718,125 $ 992,652